Question: please answer all questions. if you can answer quick i would appreciate it a lot. thank you soo much Suppose your firm receives a $5.19
Suppose your firm receives a $5.19 million order on the last day of the year. You fill the order with $2.05 million worth of inventory. The customer picks up the entire onder the same day and pays $1.18 million up front in cash you also issue a bill for the customer to pay the remaining balance of $4.01 milion within 40 days. Supposo your firm's tax rate is 0% (ie, ignore taxes). Determine the consequences of this transaction for each of the following: a. Revenues d. Inventory b. Earnings e. Cash c. Receivables a. Revenues Revenues will by $ million (Select from the drop-down menu and round to two decimal places) b. Earnings Eamings will W by million. (Select from the drop-down menu and round to two decimal places) c. Roceivables Receivables will W by $ million. (Select from the drop down menu and round to two decimal placen.) d. Inventory Inventory will W by $. milion (Select from the drop down menu and round to two decimal places) o. Cash Cash will W by million (Select from the drop-down menu and round to two decimal places)
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